Starting and running a business can be tough because of the financial strain, hours and various associated stresses. However, it can also be very rewarding. One of the biggest challenges entrepreneurs face is getting used to the unpredictable nature of business cash flow and generating enough business income to replace income that was previously received or that is necessary to maintain the lifestyle of the entrepreneur. Some entrepreneurs take the approach of taking as much money out of the business as possible, but that is typically not the best approach.
Without enough working money left in the business (working capital) there can be several challenges. They include:
Conservation Group Signs $8M Deal To Buy The Point On Topsail Island
Audrey Elsberry
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Mar 26, 2024
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National Organization Bestows Top Award On Cape Fear Professional Women In Building
Staff Reports
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Mar 26, 2024
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Engineering Firm Hires Four Employees
Staff Reports
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Mar 26, 2024
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N.C. Ports Officials React To Baltimore Bridge Collapse
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Mar 26, 2024
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NCino's Fourth-quarter Earnings Signal Rebound From Liquidity Crisis
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Mar 27, 2024
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Polyhose manufactures and fabricates hose protection, paint hose assemblies and rubber hydraulic assemblies from its Pender County facility....
Pender County Manager David Andrews is slated to retire this summer after 33 years in local government....
Pender County Realtors recently shared updates about the coastal market at an event hosted by the Wilmington-Cape Fear Home Builders Associa...
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.